vrcc limited
vrcc limited Company Information
Company Number
10219800
Next Accounts
Nov 2024
Industry
Veterinary activities
Directors
Shareholders
linnaeus group bidco limited
Group Structure
View All
Contact
Registered Address
friars gate, 1011 stratford road, shirley, west midlands, B90 4BN
Website
linnaeusgroup.co.ukvrcc limited Estimated Valuation
Pomanda estimates the enterprise value of VRCC LIMITED at £12m based on a Turnover of £11.8m and 1.01x industry multiple (adjusted for size and gross margin).
vrcc limited Estimated Valuation
Pomanda estimates the enterprise value of VRCC LIMITED at £0 based on an EBITDA of £-539.1k and a 6.07x industry multiple (adjusted for size and gross margin).
vrcc limited Estimated Valuation
Pomanda estimates the enterprise value of VRCC LIMITED at £0 based on Net Assets of £-1.2m and 1.58x industry multiple (adjusted for liquidity).
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Vrcc Limited Overview
Vrcc Limited is a dissolved company that was located in shirley, B90 4BN with a Companies House number of 10219800. It operated in the veterinary activities sector, SIC Code 75000. Founded in June 2016, it's largest shareholder was linnaeus group bidco limited with a 100% stake. The last turnover for Vrcc Limited was estimated at £11.8m.
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Vrcc Limited Health Check
Pomanda's financial health check has awarded Vrcc Limited a 3 rating. We use a traffic light system to show it exceeds the industry average on 4 measures and has 5 areas for improvement. Company Health Check FAQs
4 Strong
2 Regular
5 Weak
Size
annual sales of £11.8m, make it larger than the average company (£633.7k)
- Vrcc Limited
£633.7k - Industry AVG
Growth
There is insufficient data available for this Key Performance Indicator!
- Vrcc Limited
- - Industry AVG
Production
with a gross margin of 77.5%, this company has a comparable cost of product (77.5%)
- Vrcc Limited
77.5% - Industry AVG
Profitability
an operating margin of -5.3% make it less profitable than the average company (0.1%)
- Vrcc Limited
0.1% - Industry AVG
Employees
with 62 employees, this is above the industry average (11)
62 - Vrcc Limited
11 - Industry AVG
Pay Structure
on an average salary of £26.4k, the company has an equivalent pay structure (£26.4k)
- Vrcc Limited
£26.4k - Industry AVG
Efficiency
resulting in sales per employee of £190.6k, this is more efficient (£57.2k)
- Vrcc Limited
£57.2k - Industry AVG
Debtor Days
it gets paid by customers after 22 days, this is later than average (10 days)
- Vrcc Limited
10 days - Industry AVG
Creditor Days
its suppliers are paid after 44 days, this is quicker than average (143 days)
- Vrcc Limited
143 days - Industry AVG
Stock Days
it holds stock equivalent to 14 days, this is less than average (33 days)
- Vrcc Limited
33 days - Industry AVG
Cash Balance
has cash to cover current liabilities for 0 weeks, this is less cash available to meet short term requirements (6 weeks)
0 weeks - Vrcc Limited
6 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 147.2%, this is a higher level of debt than the average (125.4%)
147.2% - Vrcc Limited
125.4% - Industry AVG
VRCC LIMITED financials
Vrcc Limited's latest turnover from December 2018 is estimated at £11.8 million and the company has net assets of -£1.2 million. According to their latest financial statements, Vrcc Limited has 62 employees and maintains cash reserves of £27 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
| Dec 2018 | Nov 2017 | |
|---|---|---|
| Turnover | ||
| Other Income Or Grants | ||
| Cost Of Sales | ||
| Gross Profit | ||
| Admin Expenses | ||
| Operating Profit | ||
| Interest Payable | ||
| Interest Receivable | ||
| Pre-Tax Profit | ||
| Tax | ||
| Profit After Tax | ||
| Dividends Paid | ||
| Retained Profit | ||
| Employee Costs | ||
| Number Of Employees | 62 | 51 |
| EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
| Dec 2018 | Nov 2017 | |
|---|---|---|
| Tangible Assets | 907,202 | 196,783 |
| Intangible Assets | 652,096 | 892,460 |
| Investments & Other | 0 | 0 |
| Debtors (Due After 1 year) | 0 | 0 |
| Total Fixed Assets | 1,559,298 | 1,089,243 |
| Stock & work in progress | 107,000 | 60,399 |
| Trade Debtors | 723,706 | 162,766 |
| Group Debtors | 0 | 842 |
| Misc Debtors | 0 | 49,207 |
| Cash | 26,984 | 15,321 |
| misc current assets | 0 | 0 |
| total current assets | 1,005,152 | 288,535 |
| total assets | 2,564,450 | 1,377,778 |
| Bank overdraft | 0 | 0 |
| Bank loan | 0 | 0 |
| Trade Creditors | 326,197 | 214,717 |
| Group/Directors Accounts | 0 | 1,525,177 |
| other short term finances | 3,292,615 | 0 |
| hp & lease commitments | 0 | 0 |
| other current liabilities | 0 | 107,063 |
| total current liabilities | 3,775,356 | 1,846,957 |
| loans | 0 | 0 |
| hp & lease commitments | 0 | 0 |
| Accruals and Deferred Income | 0 | 0 |
| other liabilities | 0 | 0 |
| provisions | 0 | 0 |
| total long term liabilities | 0 | 0 |
| total liabilities | 3,775,356 | 1,846,957 |
| net assets | -1,210,906 | -469,179 |
| total shareholders funds | -1,210,906 | -469,179 |
| Dec 2018 | Nov 2017 | |
|---|---|---|
| Operating Activities | ||
| Operating Profit | ||
| Depreciation | 91,663 | 7,643 |
| Amortisation | 214,368 | |
| Tax | ||
| Stock | 46,601 | 60,399 |
| Debtors | 510,891 | 212,815 |
| Creditors | 111,480 | 214,717 |
| Accruals and Deferred Income | -107,063 | 107,063 |
| Deferred Taxes & Provisions | 0 | 0 |
| Cash flow from operations | ||
| Investing Activities | ||
| capital expenditure | ||
| Change in Investments | 0 | 0 |
| cash flow from investments | ||
| Financing Activities | ||
| Bank loans | 0 | 0 |
| Group/Directors Accounts | -1,525,177 | 1,525,177 |
| Other Short Term Loans | 3,292,615 | 0 |
| Long term loans | 0 | 0 |
| Hire Purchase and Lease Commitments | 0 | 0 |
| other long term liabilities | 0 | 0 |
| share issue | ||
| interest | ||
| cash flow from financing | ||
| cash and cash equivalents | ||
| cash | 11,663 | 15,321 |
| overdraft | 0 | 0 |
| change in cash | 11,663 | 15,321 |
vrcc limited Credit Report and Business Information
Vrcc Limited Competitor Analysis
Perform a competitor analysis for vrcc limited by selecting its closest rivals, whether from the PROFESSIONAL, SCIENTIFIC AND TECHNICAL ACTIVITIES sector, other undefined companies, companies in B90 area or any other competitors across 12 key performance metrics.
vrcc limited Ownership
VRCC LIMITED group structure
Vrcc Limited has no subsidiary companies.
Ultimate parent company
MARS INCORPORATED
#0002142
2 parents
VRCC LIMITED
10219800
vrcc limited directors
Vrcc Limited currently has 1 director, Mr Ray Reidy serving since Oct 2019.
| officer | country | age | start | end | role |
|---|---|---|---|---|---|
| Mr Ray Reidy | England | 55 years | Oct 2019 | - | Director |
P&L
December 2018turnover
11.8m
+200%
operating profit
-630.8k
0%
gross margin
77.6%
+0.83%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2018net assets
-1.2m
+1.58%
total assets
2.6m
+0.86%
cash
27k
+0.76%
net assets
Total assets minus all liabilities
vrcc limited company details
company number
10219800
Type
Private limited with Share Capital
industry
75000 - Veterinary activities
incorporation date
June 2016
age
8
incorporated
UK
ultimate parent company
accounts
Small Company
last accounts submitted
December 2018
previous names
linnaeus acquisitions limited (December 2016)
accountant
HAZLEWOODS LLP
auditor
-
address
friars gate, 1011 stratford road, shirley, west midlands, B90 4BN
Bank
BARCLAYS BANK PLC
Legal Advisor
-
vrcc limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to vrcc limited.
vrcc limited Companies House Filings - See Documents
| date | description | view/download |
|---|
